Latest information from Matrixport, a digital asset financial services platform. Confirmed that institutional investors do not walk debt from the crypto market, especially Bitcoin. According to data, institutional investors hold Bitcoin at approximately 85%.
Markus Thielen, head of research and strategy at Matrixport, said the data shows that institutional investors are still interested in crypto and is a sign that a bull market is imminent.
Bitcoin trading right now
According to the data, it appears that institutional investors are actively trading Bitcoin these days, indicating that US institutional investors are on the brink of buying BTC.
The report reveals that the price of Bitcoin has increased by 40% since Jan. 1 since the start of 2023. It noted a 35% return during US trading hours, indicating that 85% of BTC purchases come from the US investor base. Signs US Institutions Buying Bitcoin
What does the Fear and Greed Index tell you?
However, Bitcoin’s Fear and Greed Index, at 55, shows that investors are greedy. This means that more investors are buying BTC at the current $22,963 price.
The emotions of buyers and sellers trading in the market often influence the price of crypto. It means that negative news can cause asset prices to fall. While positive news can push the price of Bitcoin to new all-time highs.
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